Brightstar Lottery PLC Announces a Benchmark Offering of Senior Secured Notes Due 2033

Core Viewpoint - Brightstar Lottery PLC announced a benchmark offering of senior secured notes due 2033, aiming to raise funds to redeem a portion of its existing senior secured notes due 2027 and cover related debt issuance costs [1][3]. Group 1: Offering Details - The offering consists of senior secured notes denominated in US dollars, with a total amount of $500,000,000 intended for redemption of the existing $750,000,000 6.25% Senior Secured Notes due 2027 [1][3]. - The notes will be co-issued by Brightstar and its wholly-owned subsidiary, Brightstar Global Solutions Corporation, and will be guaranteed by certain other wholly-owned subsidiaries of Brightstar [1][3]. Group 2: Listing and Trading - Applications have been made for the notes to be listed on the Official List of Euronext Dublin and admitted to trading on the Global Exchange Market of Euronext Dublin [2]. - The offering is subject to customary market and other closing conditions [2]. Group 3: Regulatory Compliance - The notes have not been registered under the Securities Act of 1933 and may not be offered or sold in the United States without proper registration or exemption [4][5]. - The offering is restricted to qualified institutional buyers and non-U.S. persons in offshore transactions [5][8]. Group 4: Company Overview - Brightstar Lottery PLC is a global leader in the lottery industry, known for its secure technology and comprehensive solutions, with approximately 6,000 employees [13].